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331 E NECHATEL DR photo 11 / 24

$620,000

331 E NECHATEL DR, Draper, UT 84020

Type

Townhouse

List Price

$620,000

Price/Sqft

$259

Est Gross Yield

4.6%

$28,416/yr est.

Property Details

Property typeTownhouse
Year built2005
Total units1
Living area2,394 sqft
Bedrooms3
Bathrooms4
Lot size0.05 acres
Parking4 spaces
Days on market8
Listed2026-06-12T00:00:00+00:00

Description

Wake up to sweeping views of the entire Salt Lake Valley from this Draper townhome in the highly sought-after Traverse Chateaux community. Perfectly positioned to capture breathtaking mountain and valley views, this home offers an unbeatable combination of location, convenience, and low-maintenance living. Fresh paint and updated lighting throughout provide a clean, welcoming feel, while large windows bring in natural light and frame expansive views of the Salt Lake Valley. The main living area and deck offer a unique vantage point to enjoy fireworks displays across the valley during July celebrations. The finished walkout basement features a wet bar and flexible living space ideal for entertaining, working from home, or accommodating guests. Enjoy the ease of HOA-maintained living with landscaping, snow removal, exterior maintenance, water, sewer, and trash all included. Located just minutes from I-15, Silicon Slopes, and The Point, Draper's transformative mixed-use development that is being built, you'll have convenient access to Utah's growing tech corridor, future dining and retail destinations, parks, trails, and expanding transit options. Top-rated schools in the Canyon's School District and world-class outdoor recreation complete the appeal. With incredible views, a functional floor plan, and an opportunity to add your own style and updates over time, this home offers exceptional value in one of Draper's most established communities. Square footage figures are provided as a courtesy estimate only and were obtained from tax records. Buyer is advised to obtain an independent measurement.

Listed by Melissa Ballman · Real Broker, LLC

Location

331 E NECHATEL DR, Draper, UT 84020

Proforma

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Cap Rate

3.05%

Cash-on-Cash

-4.34%

Cash Flow

-$841/mo

Purchase Price$620,000
Down Payment35% ($217,000)
Interest Rate6.00%
Monthly Rent$2,368/mo
Vacancy5%
Expense Ratio30% ($8,099)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/20/2026, 5:19:46 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.